The head of finance will need to have a hold on the financial control of the business. They need to have a good balance between the analytics and pragmatism that is required in a high-growth environment.
The head of finance of a company will be an individual who is in charge of the financial health of the company. They are also known as the financial managers or chief financial officers.
What does a head of finance do?
The head of finance will need to have a hold on the financial control of the business. They need to have a good balance between the analytics and pragmatism that is required in a high-growth environment. They should not only be aware of the management of risk for the business and financing but they also need to add new ideas on how to drive revenue.
Job brief
We are looking for a head of finance who can join our team to handle all the financial tasks of our organization and ensure that we use capital and resources beneficially. The Head of Finance will have the responsibility to create forecasting models, assess risks in investments, and ensure all accounting activities comply with the regulations mentioned. To be successful in this role, you must have experience crafting financial strategies and management of teams.
Duties and Responsibilities
The duties and responsibilities can be provided as follows:
Forecasting of monthly, quarterly, and annual results
Evaluation and decision on various investment opportunities
Supervising a team of junior accountants
Conducting profit and cost analyses
Ensure that all accounting activities and internal audits are complying with the financial regulations stated
Conducting risk management
Recommending cost-reducing solutions
Developing secure procedures to maintain confidential information
Key requirements
The key requirements include the following:
Previous work experience as a head of finance, director of finance, or a similar role
Hands-on experience with budgeting and risk management
Proficiency in various accounting software
Bachelors in accounting, finance, or relevant field. Master would be a plus
Solid analytical and decision-making skills
Leadership abilities
Excellent knowledge of data analysis and forecasting models
In-depth understanding of bank reconciliation, cash flow management, and bookkeeping
